Some 7,160 new foreign-invested firms were set up across China during the first two months of this year, marking a 34.9 percent increase year on year, data from the Ministry of Commerce showed on Friday.
“The robust growth of 34.9 percent is the highest in nearly five years, showing that multinationals are still optimistic about the development opportunities of the Chinese market,” said an official with the ministry.
Foreign direct investment (FDI) in the Chinese mainland in actual use stood at 215.09 billion yuan (about 30.29 billion U.S. dollars) during the period, down 19.9 percent year on year.—Xinhua
